The Credential - March 2017

March 2017

Chairman’s Message

Greetings, HCCP Professionals – and welcome to the March edition of The Credential.

I am honored to serve as the chair of the HCCP Board of Governors through January 2018. The Board of Governors and its affiliated Technical Advisory Group and Distributors of the HCCP® exam, is comprised of a diverse, talented, volunteer group of professionals dedicated to maintaining the integrity and high standards of the HCCP credential.

With the election behind us and a new administration and Congress in office, most in the LIHTC industry are talking about the potential for tax reform and other potential changes. No specific legislative proposals at this writing have been advanced but they are expected later this Spring. We will seek to keep you informed about impacts on LIHTC as the direction of federal policy becomes clearer.

NAHB, the sponsor of the HCCP® credential, is deeply involved with all stakeholders in the LIHTC program to make sure it is preserved and strengthened. Their legislative staff has been very active since the election in shaping the opinions of elected officials about the success and track record of the LIHTC and its place in any proposed tax reform. Also, the recently elected NAHB chair is Granger MacDonald of Texas, a highly-experienced developer of tax credit multifamily developments.

In this edition of The Credential, you’ll find an article about the recently awarded HCCP of the Year, Sharon Harper Ivey, at the International Builders’ Show annual awards ceremony in Orlando. Please join us in congratulating her and her commitment to high standards of professional practice. Nominations for next year’s award will be open soon. Look for information in upcoming announcements from NAHB.

This edition also continues our series on practical compliance topics. In the article, Back to Basics IV: Compliance Reviews, you will learn, or be reminded, of some practical considerations on this essential topic and practice in our industry. Improving the Value of Assets by David Ho reviews another critical compliance topic. In our regular spotlight articles, you will get the chance to learn more about HCCP Lori Erbst, HCCP Board of Governors member Terry Kimm, and HCCP exam distributor Susan Barnett.

I’d like to provide a reminder that the 2017 HCCP webinars are free of charge and provide a great way to meet your continuing education requirements while learning new things about our industry. Please note, you must enter a credit card at checkout, but using the promo code M17HCCP will result in no charge and you will be registered for the webinar at no charge. Our first webinar of the year will focus on a perennial compliance topic: Cents & Sensibility: Income Calculations in the Real World presented by Jennifer Robinson Borland. The webinar will provide practical examples and information you can apply immediately and complements the articles in this edition of The Credential. We hope you will be able to join us.

As always, the Board of Governors is here to serve you and the HCCP credential. Let us know how we can support you in your professional endeavors and if there are topics you would like to see covered in The Credential or as a webinar. Keep up your good work!